BM Desk : In order to ascertain the true financial and production operations of ten firms listed in the nation, the primary stock market, the Dhaka Stock Exchange (DSE), has made the decision to perform on-site inspections.

DSE has previously requested authorization from the Bangladesh Securities and Exchange Commission (BSEC), a regulatory body, to conduct an on-site inspection of the firms’ operations. In light of that application, DSE has been given authorization by BSEC.

The following businesses are among them: Beach Hatchery, Global Heavy Chemical, Far Chemical Industries, Krishibid Seed, Nahi Aluminum Composite Panel, Ring Sign Textile, Khan Brothers PP Oven Bag Industries, Indo-Bangla Pharmaceuticals, and Fu-Wang Ceramic Limited.

These businesses are in extremely precarious financial situations. For a long time, certain businesses have not complied with different securities rules. A few businesses have also ceased manufacturing.

Global Heavy Chemicals, Ring Sign Textiles, and Associated Oxygen were among the businesses that did not distribute dividends to stockholders during the previous fiscal year.

While Khan Brothers, Beach Hatchery, Far Chemical Industries, Krishibid Seed, Nahi Aluminum, and Indo-Bangla Pharmaceuticals have all paid dividends, there are several claims of irregularities and information hiding against them.

Beginning in 2023, the DSE will keep an eye on the companies’ full operations, including their financial and manufacturing activities.